Barack Obama and John McCain are focusing on the economy this week after all the distraction lately. Obama was all over the map and McCain seemed to have fallen off it.
Now they’re directing attention to rising prices, higher debt and taxes.
Barack Obama’s bid to place a new Social Security tax on
very high incomes is either a bold or foolhardy plan to reform the
retirement fund system, depending on who critiques it.
But its potential impact is almost impossible to gauge because he is
providing few details on basic questions such as what the tax rate
might be, what types of income would be taxed and how the taxpayers’
benefits would be affected.
But the good news is….some big media are starting to ask those questions.